Assignment:
Analyze the Great Recession of 2008 and address the following in a paper:
1. Specify the exact duration and severity of the 2008 recession.
2. Identify and explain the root causes of the 2008 recession.
3. Identify the three individuals, firms or agencies that, in your opinion, contributed the most to the recession and explain your answer. 4 points
4. Explain the economic actions or controls the U.S. implemented to fight the 2008 recession, and how effective they were in fighting recession.
5. Identify any actions the US failed to take in fighting the 2008 recession.
6. Explain the role of moral hazard in the recession and the recovery.
Note: Your assignment must be in expository essay form, comply with APA style